Credit card transfer is only suitable for relieving short-term debt pressure.
Credit card transfer is very popular now, and some banks even encourage card withdrawal in disguise. For example, some bank staff give the applicant a pos machine when applying for a credit card. Isn't it obvious to tell users that you should brush carefully and don't worry about not paying back the money? If you have no money to change your credit card one day, you can continue to use another credit card or use this card directly.
In fact, banks turn a blind eye to the behavior of credit card repayment. As long as people don't pay back their credit cards and bring losses to the banks, the banks will basically ignore them. After all, every time you swipe a credit card, the bank can get a handling fee of about 0.45%. Although this fee rate seems to be small, if everyone repays by credit card for a long time and swipes the card for 300,000 yuan a year, the profit to the bank can reach about 1350 yuan. If a bank has 6,543,800+customers doing this for a long time every year, the income contributed to the bank by these users who raise their cards will reach 65,438+35 million, which is not a small income.
But for cardholders, it is very unfavorable to repay by card. Although we really can't pay back the card in the short term, paying back the card with the card can achieve the purpose of delaying the debt. As long as everyone pays back the money, it will not affect their credit report.
However, card-for-card repayment is only suitable for alleviating short-term debt pressure. If we play like this for a long time, everyone's debt will get bigger and bigger. In case the credit card limit is not enough one day, everyone will still face penalty interest if they repay only the minimum amount. In case of overdue, they will face other liquidated damages. All the expenses add up to a lot.
In reality, there are many people returning cards with cards, and the debt pressure is increasing.
For example, I have a friend. She is a girl. Girls are born to love beauty, so she usually wants to buy some high-end cosmetics even if she has no money. Cosmetics, clothes and other things cost thousands of dollars a month, while she only has five or six thousand dollars a month. After deducting rent, living expenses and other expenses, there is not much left. She can only apply for credit cards from various banks and keep overdrawing.
As a result, the credit card is cold, and it will be melancholy when it comes to repayment. The monthly salary is not enough to pay back the credit card. What should I do? I can only return it card by card. As a result, she has accumulated 70 thousand to 80 thousand debts in two or three years. According to her current salary level, I think it will take at least three or four years, provided that she can't refresh her credit card.
In fact, in reality, there are many people like this girl. Many friends have limited income, but they live a life of high consumption all day. If you have no money, you have to apply for a credit card and borrow various online loans to spend, but this overdraft consumption is invisible. Many people don't know how much they are in debt when they consume, and they won't know until the bill comes out, so this confused consumption will accumulate serious debts unconsciously.
For friends who are facing the pressure of paying their debts with cards, the best way is to increase their income and reduce their credit cards.
Nowadays, young people have high debts. For example, the post-90s debt per capita reached about10.3 million, and many of these liabilities are credit card bill liabilities, and many of them are expenses incurred by card repayment.
Faced with the pressure of credit card debt, many people can only delay debt maintenance and credit reporting by returning their cards. However, this practice is not a permanent solution. If we continue to play like this for a long time, everyone's debts will only grow bigger and bigger.
Therefore, for those friends who are facing the pressure of repaying debts with cards, I think the only way to solve the current predicament is to open up sources and reduce expenditure. On the one hand, we must try our best to increase our income. Only when the source of income increases can we pay off our debts. On the other hand, we must control our hands and never buy anything from buy buy. When shopping, you must make a good plan and be self-disciplined, otherwise no one can help you.